China's coal imports from Newcastle terminals down 18.2pct in Jan

Australian coal exports from the Port Waratah Coal Services (PWCS) terminals (Carrington and Kooragang) at Newcastle to China dropped 18.2% from December but rose 37.68% from a year ago to 0.8 million tonnes in January, PWCS said in the latest performance report.

The coal terminals exported a total 8.91 million tonnes of coal in January, decreasing 14.65% from December but up 9.16% from a year earlier.

Of the total shipments in January, 87% or 7.75 million tonnes were thermal coal, falling 13.66% month on month but rising 10.42% year on year; 13% or 1.16 million tonnes were coking coal, dropping 20.75% on the month but up 1.36% on the year, PWCS said.

Of this, 5.1 million tonnes of coal were shipped to Japan, a decline of 21.83% from December but an increase of 21.55% from a year ago.

Taiwan received 1.06 million tonnes of coal in January, falling 10.18% from the month before but surging 156% year on year.

Exports to South Korea increased 40.79% month on month but declined 38.68% year on year to 1.05 million tonnes in January, data showed.

In 2016, PWCS exported a total 109 million tonnes of coal, the operator said.

By the end of January, the PWCS terminals had 7 vessels waiting to load coal, five less than early January.

Coal stockpiles at these two terminals stood at 1.46 million tonnes at the end of January, up 44.82% from December, of which 0.19 million tonnes were at Carrington and 1.27 million tonnes were at Kooragang.

(Writing by Tammy Yang Editing by Jessie Jia) For any questions, please contact us by inqury@fwenergy.com or +86-351-7219322.

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